If a family member is able to help you buy your first home, we'll thank them with a gift of £2,000.*
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If you're a first-time buyer and a parent or family member contributes 5% or more towards the purchase price of your new home**, they’ll receive a thank you gift from us after completion, our way of recognising their support in helping you onto the property ladder.
Find out from Persimmon Homes sales advisor Flora about how Bank of Mum and Dad helps first time buyers get on the property ladder.
Check your eligibility - To qualify, you must be a first-time buyer, and a parent or family member must gift at least 5% of the purchase price of your new home. You’ll need to provide proof of the gifted amount.
Speak to the sales team at your chosen development - Our team will be able to tell you if the scheme is available for your selected home.
Get mortgage advice from a trusted expert - If you're eligible, we’ll introduce you to one of our recommended independent financial advisors who will help you explore mortgage options suited to your situation.
Once your purchase is complete, we’ll gift your supporting family member £2,000. This is our way of saying ‘thank you’ to them for helping you with your Bank of Mum and Dad mortgage journey.
* Amount may vary between developments
** Offer applies on selected plots only
